http://www.huffingtonpost.com/2011/01/17/goldman-sachs-stops-faceb_n_809948.html
Citing "intense media attention," Goldman Sachs has decided not to offer shares in Facebook to its U.S. clients, the Wall Street Journal reports.
The WSJ obtained a statement from the bank which indicated Goldman "concluded the level of media attention might not be consistent with the proper completion of a U.S. private placement under U.S. law."
The deal will reportedly still be offered to the bank's offshore clients, and the WSJ indicated that the exclusion of U.S. investors was not required or requested by any government agency.
Goldman's Facebook deal was widely criticized as an end-aro
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The WSJ obtained a statement from the bank which indicated Goldman "concluded the level of media attention might not be consistent with the proper completion of a U.S. private placement under U.S. law."
The deal will reportedly still be offered to the bank's offshore clients, and the WSJ indicated that the exclusion of U.S. investors was not required or requested by any government agency.
Goldman's Facebook deal was widely criticized as an end-aro